Is it Ever OK to Buy a Brand New Car?

Much of the financial blogosphere perpetuates the mistaken notion that it is never acceptable to buy a brand new car. They say all car purchases need to be used cars that are at least 2-3 years old. They are operating under the misguided notion that people should do everything the cheapest way possible. Can you … Read more

Fawcett’s Favorites 8-8-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include how to financially support your loved ones, the honeymoon phase of early retirement, real estate and business tax tips, retirement gets easier as … Read more

Fawcett’s Favorites 6-13-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include it’s up to you to make retirement great, a realistic look at the stock market crash, can you actually afford private school, 13 … Read more

Do You Choose Money Over Family?

I recently gave a lecture in which I asked the question, “Do You Choose Money Over Family?” Of course, everyone would answer with a resounding no. No one would ever admit to choosing money over family. Yet isn’t that exactly what we do when we choose to moonlight? Or work extra shifts? That statement will … Read more

How Much House Can I Afford?

The amount you spend on your house is possibly the most important factor in achieving financial independence and happiness in life. Overspending on the house will leave you with such a big housing bill that you will not have enough money to do all the other things you want to do. This mistake can take … Read more

The Great Advantages of Living Debt Free

People are surprised when they learn we have maintained a debt free household for the last twenty years. For many, they realize for the first time, that being debt free is possible. Others think they could never become debt free as their total debt seems overwhelming.  When we first heard the concept of living debt … Read more

Fawcett’s Favorites 5-17-21

Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include investing for seven generations, are real estate tax advantages going away under Biden, why good savers … Read more